From Yahoo Finance: 2025-06-10 13:26:00

Pharmacy chain Walgreens and Kourtney Kardashian are interested in purchasing assets from Rite Aid’s bankruptcy. Brand management companies Authentic Brands Group, WHP Global, and Marquee Brands are also evaluating Rite Aid’s intellectual property and loyalty program. Rite Aid operates 1,200 stores with 8 million customers and filed for bankruptcy for the second time in two years. U.S. Bankruptcy Judge Michael Kaplan approved store closures and a sale of customer prescription files to buyers like CVS Health and Walgreens. The bid deadline for remaining assets is June 18 at 5 p.m. ET.



Read more at Yahoo Finance: Walgreens, Authentic Brands, Kourtney Kardashian among those evaluating Rite Aid assets, sources say